Australia's eastern wool markets will hold their last sales in Sydney and Melbourne today before a Christmas recess. But before the markets close wool growers are already celebrating the best prices in more than half a century.

The financial intelligence agency AUSTRAC is expected to hit the Commonwealth Bank with a hundred additional allegations relating to breaches of anti-money laundering and counter terrorism financing laws.

The embattled UK Prime Minister Theresa May has suffered another embarrassing setback. A short time ago, her government lost a key parliamentary vote on its Brexit bill after a rebellion by a handful of backbench MPs.

Paul McCartney is about to start a rare Australian tour. The 75-year-old's first tour down under in more than 20 years is to start in Perth. McCartney has admitted he's amazed his career has lasted this long.

Australia's eastern wool markets will hold their last sales in Sydney and Melbourne today before a Christmas recess. But before the markets close wool growers are already celebrating the best prices in more than half a century.

The financial intelligence agency AUSTRAC is expected to hit the Commonwealth Bank with a hundred additional allegations relating to breaches of anti-money laundering and counter terrorism financing laws.

The embattled UK Prime Minister Theresa May has suffered another embarrassing setback. A short time ago, her government lost a key parliamentary vote on its Brexit bill after a rebellion by a handful of backbench MPs.